Question: Please show solutions. Find the simple interest and final amount due in investing 10,000 at a simple interest rate of 5% for 60 days. A
Please show solutions.
- Find the simple interest and final amount due in investing 10,000 at a simple interest rate of 5% for 60 days.
- A man invested 60,000 in time deposit on February 12, 2019 and got an amount of 60,648 on the maturity date at the rate of 6.75% per annum. What was the maturity due of the placement?
- Mrs. Hernandez invested 20,000 which accumulates to 22,500 in 10 months. Find the simple interest rate?
- If money is worth 9% simple interest, find the original amount borrowed of 2,500 at the end of 1 years.
5. Find the number of days between April 9, 2020 to March 18,2021., using approximate and actual number of days.
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